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L e t u s h av e n o i L L u s i o n s ; i t c o s t s m o r e t o b e

e x c e L L e n t t h a n t o b e m e d i o c r e , b u t t h e

r e w a r d s a r e p r o p o r t i o n a t e Ly g r e a t e r , to o.

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b o a r d c h a i r 1 9 4 7 - 1 9 4 9, d a L L a s s y m p h o n y o r c h e s t r a

dAllAssymphony.com I 214.871.4079

morton h. meyerson symphony centerschlegel Administrat ive suites2301 Flora street, dal las, tX 75201

the dallas symphony Foundation thanks the following creative companies for their in-kind donations that made this brochure possible:

R u c K e R & c o . , G e o F K e R n p h o t o G R A p h y, t h e c A m p b e l l A G e n c y, c o l o R m A R K p R I n t I n G

©2010 dallas symphony Foundation. All rights reserved.

(Front cover) the concertmaster chair was funded by michael l. Rosenberg in 1996,

honoring violinist emanuel borok, who has played with the orchestra since 1985.

W h e n y o u s u p p o r t t h e D a l l a s Sy mp h o n y

O r c h e s t r a , y o u s u p p o r t m o r e t h a n

j u s t a s e a s o n o f e x t r a o r d i n a r y m u s i c .

Y o u s h a p e t h e n e x t g e n e r a t i o n o f

D a l l a s S y m p h o n y m u s i c i a n s t h r o u g h

i n n o v a t i v e e d u c a t i o n a l p r o g r a m s.

Yo u b r i n g o n e o f A m e r i c a’s g r e a t e s t

m u s i c a l a n d a r c h i t e c t u r a l h a l l s

t o l i f e . Yo u s e c u r e D a l l a s’ p o s i t i o n a s

a n i n t e r n a t i o n a l c u l t u r a l c e n t e r .

Yo u f o r g e u n p r e c e d e n t e d c o l l a b o r a t i o n s

w i t h g u e s t p e r f o r m e r s. A n d y o u s h a r e

y o u r j o y o f c l a s s i c a l m u s i c w i t h t h e w o r l d

t h r o u g h t o u r s , b r o a d c a s t s a n d r e c o r d i n g s.

We b e l i e v e y o u r g e n e r o s i t y p r o d u c e s

t r u l y a m a z i n g r e s u l t s.

…the boldly exposed solos

for t rumpet , ce l lo and horn

showed st r ik ing expert i se…

Wayne Lee Gay, The Dallas Morning News

The orchestra’s own Tony Romo has arrived.Editorial, The Dallas Morning News

Not from the Berlin Philharmonic, not

from the Chicago Symphony, will you

hear a more electrifying Tchaikovsky’s

Fourth Symphony than that delivered

by the Dallas Symphony Orchestra.Scott Cantrell, The Dallas Morning News

After [an] extraordinary performance, the audience was up on its feet, treat ing [van Zweden] to a prolonged ovation. Dallas chose well.

John von Rhein, Chicago Tribune

I love my job and am grateful for it every day.

Deborah Baron, Piccolo

Jaa

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e w

ith

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…climaxes were splendidly sonorous, and there were eloquent solos…Scott Cantrell, The Dallas Morning News

This translated into

remarkably expressive

unanimity and taut,

crisp ensemble playingMatt Erikson, Fort Worth Star-Telegram

It was a performance that lingered

long in the memory. [The] solo work

of many of the orchestra’s principal

players was a great dividend.

Olin Chism, KERA

You feel the energy change direction

much like driving a race car; harnessed

torque, horsepower with impetus.Gary Levinson, Senior Associate Concertmaster

I wa

nt to

ap

pla

ud

ev

ery

on

e in

vo

lve

d fo

r tak

ing

this ste

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the

Da

llas S

ym

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on

y is a

wo

rld-c

lass in

stitutio

n lo

ng

into

the

futu

re.

Tom L

eppert, Dallas M

ayor

Your Dallas Symphony Foundation

has had another very successful year despite the

worst financial crisis since the Depression.

We are so fortunate that Will Green has been

our financial manager for over 20 years. The

Foundation will have recovered all or most of

its value by the time of our next report for the

end of 2010. That is a really outstanding result.

I only wish that all of us had done that well.

Now is truly a perfect time for all of us who

love the Dallas Symphony to increase our

contribution to the Symphony Foundation. The

method that Norma and I have been using

is to make a contribution each year to both the

annual fund and to our endowed Fund for

New Music, which is held in the Foundation.

We also have made a major bequest in our wills

to that same endowed fund. This approach to

giving provides current pleasure in knowing what

your fund is financing, as well as satisfaction

in knowing that your larger bequest in your will

is in place to finance the future.

You may wish to discuss this approach to

endowment giving or another one designed

to satisfy your specific wishes with Christopher

Minnes, the symphony’s Director of

Endowment and Planned Giving. His phone

number is 214.871.4079.

All of us who are working to make our Dallas

Symphony financially sound appreciate your

support. Thank you for all you have done and

will do for our Dallas Symphony.

donAld J. stone pResIdent

dallas symphony Foundation board

S i n c e r e l y,

P r e S i D e n T ’ S M e S S A G e

DEArDa l l a s S ymphon y

FriEnDs and

FAmily:

Under the inspired leadership of Music Director Jaap

van Zweden, the Dallas Symphony Orchestra has exhilarated

music lovers the world over.

This season, the DSO was in residence at the prestigious

Bravo! Vail Valley Music Festival. Its electrifying performances

were met with rave reviews and ranked with those of the

New York Philharmonic and the Philadelphia Orchestra, the

other two orchestras in residence.

In 2011, the Dallas Symphony will perform at Carnegie

Hall. And the DSO is planning a tour of European music

capitals for the 2012-2013 season.

This is yet another example of your remarkable

generosity. When you have a symphony this good, it’s

something you want to share with others.

louise W. and edmund J. Kahn endowed the music directorship in 1989, held by

Jaap van Zweden since 2008. the hart International touring Fund, the eugene mcdermott

touring Fund, and the Fannie and stephen s. Kahn orchestra travel Fund ensure

the orchestra’s ability to perform for audiences in the u.s. and around the world.

Y o u b r i n g t h e

DAllAs symphonyt o t h e

worlD.

Last year, 60,000 North Texas children embarked on a

lifelong journey of music and learning because of you.

The DSO Kids and Studio DSO programs and websites have

engaged thousands of young people with educational

games, master classes, music and more. The North Texas

Young Composers Project provided encouragement

and opportunities for high school and college composers

from throughout the region. And the Dallas

Symphony welcomed more than 30,000 elementary

students to its award-winning Youth Concerts.

Thanks to your kindness, our future is in good hands.

B e c a u s e o f y ou,

inspirAtion r e a c hed

nEw hEights.

our programs recognize talented young musicians, like 19-year-old pianist Kyle orth,

winner of the 8th-annual lynn harrell concerto competition. the Rita sue and

Alan Gold Fund for the lynn harrell competition provides an opportunity for promising

music students to compete for prestigious scholarships and performance opportunities.

Renowned as one of the great buildings for music in the

world, the Morton H. Meyerson Symphony Center

is I. M. Pei’s architectural jewel at the heart of the 70-acre

Dallas Arts District. Your generosity supported its many

world-class facilities, including the acoustically acclaimed

Eugene McDermott Concert Hall. Now every crescendo,

glissando and diminuendo inspires an impassioned bravo.

Y o u

sEt thE stAgE f o r o v a t i o n - w o r t h y

pErFormAnCEs.

diane and hal brierley established the principal trumpet chair in 1995, held by Ryan Anthony since 2008.

Tens of thousands of music lovers around the world experienced the

Dallas Symphony in the comfort of their homes through live radio

broadcasts and world-renowned recordings. This year, the orchestra

released Tchaikovsky’s Symphony No. 5 and Capriccio italien on

the DSOLive! recording label. Recorded in January and May 2009,

this moving performance received rave reviews.

Yo u p u t t h e

DAllAs symphonyw i t h i n

rEACh.

nancy and John penson established the principal oboe chair in 1995, held by erin hannigan since 2007.

they also established the nancy p. and John G. penson dso Recording Fund in 2009. Joy and

Ron mankoff endowed the principal Flute chair in 1998, held by Jean larson Garver since 1971. howard

Rachofsky sponsored the principal horn chair in 1995, occupied by Gregory hustis since 1976.

Thanks to donors, our nationally acclaimed Young Strings program

helped more than 200 African-American and Latino children achieve

their dream of becoming accomplished musicians last year.

As a stunning example of the program’s success, every single Young

Strings graduate has gone on to college, most with full or partial

scholarships, often earning principal chairs in their college orchestras.

Many continue to lead lives filled with music. Take Catalina Aguirre,

who performs with the Las Colinas Symphony and directs orchestras

for Dallas ISD. Or Guadalupe Vargas, who conducts both the

orchestra and the mariachi programs at the Arts Magnet Middle School.

For helping our youth aspire to greatness, we applaud you.

Y o u

ElEVAtEt h e t a l e n t s

oF youth.

(clockwise from bottom left) Aakash patel, Richmond Green, bobby Gonzalez, and chanel Flowers

are four of more than 200 outstanding students this season from dallas who received professional

string instruction. the William Randolph hearst endowed Fund for young strings and the

philip R. Jonsson endowed Fund for young strings support this nationally recognized program.

We applaud the generous donors who endowed these Orchestra chairs:

Louise W. and Edmund J. Kahn Music Directorship

Dolores G. and Lawrence S. Barzune, M.D. Principal Guest Conductor

Dot and Paul Mason Principal Pops Conductor’s Podium

Michael L. Rosenberg Concertmaster Chair

Fanchon and Howard Hallam Senior Associate Concertmaster Chair

Barbara K. and Seymour R. Thum Principal Second Violin Chair

Hortense and Lawrence S. Pollock Principal Viola Chair

Fannie and Stephen S. Kahn Principal Violoncello Chair

Anonymously Endowed Principal Bass Chair

Joy and Ronald Mankoff Principal Flute Chair

Nancy P. and John G. Penson Principal Oboe Chair

Mr. and Mrs. C. Thomas May, Jr. Principal Clarinet Chair

Irene H. Wadel and Robert I. Atha, Jr. Principal Bassoon Chair

Howard E. Rachofsky Principal Horn Chair

Diane and Hal Brierley Principal Trumpet Chair

Dot and Paul Mason Principal Tuba Chair

Dr. Eugene and Charlotte Bonelli Principal Timpani Chair

Margie and William H. Seay Principal Percussion Chair

The Lay Family Resident Organist and Curator Chair

Dallas Symphony Orchestra League/Élan Circle/Innovators Staff Keyboardist Chair

Y ou

EnDowED t h e b e s t s e a t s

in thE housE.

Fanchon and howard hallam endowed the senior Associate concertmaster

chair in 1998, occupied by violinist Gary levinson since 2001.

Y o u

kEEp o u r Fo u n d a t i o n

soliD.

The Foundation Board is responsible for managing the Endowment portfolio with specific recommendations from the Investment Committee.

The committee recommends long-term investment policies and implements the approved policy through recognized investment firms.

Donald J. Stone President

Howard Hallam Vice President

Howard E. Rachofsky Vice President

Cece Smith Vice President

Gregg Ballew, Dolores Barzune, Eric Bennett, Harold M. Brierley,

Peter D. Brundage, Richard Freling, Jerry Fullinwider, Ronald

J. Gafford, Amy Groff, Scott W. Hancock, Arthur Hollingsworth,

VJ Horgan, Dana Johnson, Philip R. Jonsson, Yon Y. Jorden,

Harry J. Martin, Mrs. Eugene McDermott, Nancy Penson, Roy

G. Popham, Charles Price, Stanley A. Rabin, William L. Schilling,

Vincent Spiziri, Jr., Liz Williams and Billie Ida Williamson

Ex Officio Directors

Douglas W. Adams, William L. Green,

P. Michael McCullough and Christopher Minnes

Investment Committee

William L. Green Treasurer

Gregg Ballew, Eric Bennett,

Arthur Hollingsworth, VJ Horgan, Dana Johnson,

Howard E. Rachofsky, Cece Smith and Donald J. Stone.

T h e D a l l a s S y mp h o n y Founda t i o n

BoArDo f

DirECtors.

The assets of the Foundation were

$93.5 million at December 31, excluding the

separately managed $6.4 million Kahn

endowment. Total invested assets showed a

25% return based on year-end market values.

The investment focus of the Foundation has long

been to outperform equity markets over a market

cycle in order to produce a return that allowed a

reasonable annual distribution to the Symphony

Association, while at the same time retaining capital

for future compounded growth. This historically

has been accomplished by outperforming during

negative market periods and being competitive

in positive market periods.

The decade ending in 2009 was marked by bouts of

volatility in both stocks and bonds on a global

scale. During this period, the Board of the Foundation

remained consistent in its investment policy,

using a diversified combination of traditional and

alternative investment approaches to protect and

grow the assets that donors have generously given

to the Foundation over the years in support

of the Symphony Association. As a result, for the

decade as a whole, the cumulative return on

the invested assets of the Foundation was a positive

40% versus a negative 9% for the S&P 500, the

long-term benchmark of the Endowment Fund.

The current investment focus remains intact. While

the lessons learned in volatile markets are many

and sometimes painful, the key to success is to make

forward-looking decisions from a position of

strength. It is firmly believed that the current diversified

investment pool of the Foundation has the

potential of providing the combination of cash flow

and growth that the Foundation requires to fulfill

its current and future commitments to the Association.

WIll GReen tReAsuReR

dallas symphony Foundation

S i n c e r e l y,

e n D O W M e n T S T A T U S r e P O r T 2 0 0 9

D r. W i l l i a m L . G r e e n h a s b e e n a p r o - b o n o

a d v i s o r t o t h e F o u n d a t i o n B o a r d o n i n v e s t m e n t

s t ra t e g y s i n c e 19 82. T h e F o u n d a t i o n r e l i e s o n

Wi l l a n d h i s b r o a d n e t w o r k o f i n d u s t r y r e l a t i o n s h i p s

d e v e l o p e d o v e r 30 - p l u s y e a r s m a n a g i n g f o u n d a t i o n ,

e m p l o y e e b e n e f i t , a n d a l t e r n a t i v e i n v e s t m e n t a s s e t s.

W i l l a n d h i s w i f e , D i a n n e , h a v e b e e n d o n o r s

t o t h e D a l l a s S y m p h o n y s i n c e 1983. A f o r m e r

m a n a g e r f o r t h e p e n s i o n f u n d a n d f o u n d a t i o n

a s s e t s o f Te x a s In s t ru m e n t s , h e c u r r e n t l y i s a p r i n c i p a l

a n d c h i e f i n v e s t m e n t o f f i c e r o f F e d e r a l

S t r e e t Pa r t n e r s , a n i n v e s t m e n t f i r m i n S t a m f o r d ,

C o n n e c t i c u t . H e i s a l s o a b o a r d m e m b e r

o f t h e G e n e r a l B o a r d o f P e n s i o n a n d H e a l t h

B e n e f i t s o f t h e U n i t e d M e t h o d i s t C h u r c h.

“a s a r e s u l t , f o r t h e d e c a d e a s a w h o l e , t h e c u m u l a t i v e r e t u r n o n t h e i n v e s t e d a s s e t s o f t h e F o u n d a t i o n w a s

a p o s i t i v e 4 0 % v e r s u s a n e g a t i v e 9% f o r t h e s & p 500, t h e l o n g - t e r m b e n c h m a r k o f t h e e n d o w m e n t F u n d.”

W i l l G r e e n

D a l l a s S y m p h o n y F o u n d a t i o n

AssEt AlloCAtion

A s o F d e c e m b e R 2 0 0 9

D a l l a s S y m p h o n y F ou n d a t i o n

AlloCAtion to symphony opErAtions

$4.3 mIll Ion WAs dIstRIbuted FoR the yeAR endInG mAy 31 , 2009

absoLute return Funds 51% unrestricted 55%

musicians 13%

concert production 12%

touring 7%

education/outreach 7%

administrative 6%

common stocK 33%

Fixed income and cash

11%

other 5%

Our Hans Kreissig Legacy Society members’ love for the Dallas Symphony

is truly boundless. That’s because more than 130 legacy donors have

designated gifts to the symphony in perpetuity through wills or estate plans.

We would like to thank the 25 new members who joined the society in

2009. Your remarkable generosity serves as a brilliant coda to a life well played.

Like all our donors, the DSO’s founder and first conductor left us a priceless

legacy. Hans Kreissig was born in Germany in 1856. After studying in

London, Kreissig arrived in Dallas in 1884. In 1900, he formed the Dallas

Symphony Orchestra, which he conducted until 1912.

O u r m e m b e r s

tAkE thE Dsot o

loFty hEights.

A family tradition of support by the pollock family for over 50 years honored hortense d. and lawrence

s. pollock in 1998 for the principal Viola chair, occupied by ellen Rose, who joined the dso in 1980.

the eugene mcdermott concert hall is world-renowned for its acoustical

excellence. margie and William h. seay endowed the principal

percussion chair in 2000, occupied by douglas howard since 1975.

J a a p m a n a g e s t o b r i n g s u ch a h i g h a m o u n t o f e n e r g y t o r e h e a r s a l s . It’s l i k e a c o n c e r t p e r f o r m a n c e e v e r y d a y.Ellen Rose, Principal Viola

…th

e b

old

ly e

xpo

sed

so

los

for

trum

pet,

cel

lo a

nd

hor

n

show

ed s

trik

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e…W

ayne

Lee

Gay

, The

Dal

las M

orni

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ews

Wh

at v

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on

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ieve

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Every performance yields

completely different ideas

that are equally compelling.Gary Levinson, Senior Associate Concertmaster

Not many stories

of instant rapport

between a conductor

and an orchestra

match the quick

courtship of Mr.

van Zweden and the

Dallas Symphony.

Anthony Tommasini,

The Dallas Morning News

I would go to hear van Zweden

conduct anything, anywhere.Andrew Patner, Chicago Sun-Times

[Th

e] van Z

wed

en era is go

ing to

be a kn

ocko

ut.

Matt E

rikson, Fort Worth Star-Telegram

I learn something new from Jaap

at every rehearsal. Working with

him is a dream come true.

Barbara Sudweeks, Associate Principal Viola

[Van Zweden] made Tchaikovsky’s Fourth

Symphony crackle with electricity…and

the DSO responded with virtuoso playing

and impressive solos. There wasn’t a dull

measure to be heard.Olin Chism, KERA